A man invests 10000 for 3 years at a certain rate of interest, compounded annually. At the end of one year, it amounts to Rs. 11200. Calculate :
(i) the rate of interest per annum;
(ii) the interest accrued in the second year;
(iii) the amount at the end of the third year.
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A man invest rupees 10000 for 3 years at a certain rate of interest compounded annually at the end of one year it amounts to 11200 rupees calculate the rate of interest per annum.
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